A Quote by Peter Schiff
What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.
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What would've happened, do you think, had the government not intervened in October 2008? The catastrophe to the economy would've been absolutely unbelievable. And yet classical economists say, "Oh, well, no, it would've adjusted perfectly happily, a few weeks of pain and then everything would've gone on as before, without a banking system left." And that's what makes it so maddening, that these bankers are back saying it was all the government's fault. The government saved their skins. It didn't want to, but it needed to save their skins in order to save the rest of us.
Capitalism can be alright, I mean Karl Marx didn't live to see what Roosevelt did with that Depression. He pulled everybody out of that Depression and everybody hated Franklin Roosevelt. He got into office four times. One after the other, with everybody saying, he can't get in again. Everybody voted for Roosevelt four times and he did a hell of a lot.
The government did a lot of things to us in terms of sending pictures to my house. If I had to go to a school to give a speech and the sorority wanted to sign a song, they would send [a person] to my house and tell my wife that I had sex with this woman or that woman.It got to the point where my wife didn't know what to believe anymore, and the fact that I didn't have a job, I couldn't support my bills, the fact that I was getting ready to go through maybe a mental setback in terms of depression, we just had a tremendous amount of things on us.
We've all got to get together and demand something better out of our government and out of each other. We've got a system that's making us working harder, and isn't giving us satisfaction. We've got to sit down and decide what the hell we really want to be as human beings.
I went to see my mother the other day, and she told me this story that I'd completely forgotten about how, when we were driving together, she would pull the car over, and by the time she had gotten out of the car, and gone around the car to let me out of the car, I would have already gotten out of the car and pretended to have died.
I have a garden. We have fresh tomatoes and strawberries. People are different here... People out in California, they grow up quicker. They have a lot of excess, and they have a lot more things than we do here in Hungary. There, they start doing makeup when they're 13, when we would still be out in the countryside making sausage.
We had a great childhood and boyhood. It was a wonderful time through those years. A lot of it was through the Depression years, when things were tough, but my dad always had a job. But I had a great time. I was kind of restless, and I had a hard time staying in school all day, so me and a few pals would duck out and go out on these various adventures.
Every time I say the word capitalism, everyone just assumes I have plenty of Marxism in me, I do. But Russia and China had their bloody revolutions and even while they were Communist, they had the same idea about generating wealth - tear it out of the bowels of the earth. And now they have come out with the same idea in the end... you know, capitalism. But capitalism will fail, too.
I have gotten anti-Semitic mail pieces to my home that I have had to try to keep out of my children's eyes. I've gotten a lot. But whatever - this is what happens in the Internet age.
Francis Coppola was very generous. We got paid a lot of money and he saw us every day, took us out every night. It was just a lot. Richard Gere was an absolute gentleman. Gregory Hines. You know, I worked with some giants and they were just so smooth. And it was the '80s. That's when people had a lot of money and it was okay to to hang out and be crazy.
There's always been a lot of pressure and tension on the line. If 'Pi' didn't work out, I have no idea what my career would be. I don't think I would have gotten another shot at it. If 'Requiem for a Dream' didn't work out, they would have called me a 'one-hit wonder with a sophomore slump'.
I've had a lot of friends in the business that got out earlier than normal. They tell me they got out too early and that I should make sure I've got all I want before I step aside. When I do get out, there are other things that I want to do with my life.
The analysis in the era of Ronald Reagan and Margaret Thatcher was that government was interfering with the efficiency of the economy through protectionism, government subsidies, and government ownership. Once the government "got out of the way," private markets would allocate resources efficiently and generate robust growth. Development would simply come.
I think Ed Koch is the person most responsible for allowing AIDS to get out of control. It happened here first, on his watch. If he had done what any moral human being should have done in the beginning, and put out alarms, then a lot fewer people would have gotten sick.
If you had asked people in 1929, 'Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?' The answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression.
I feel like, If I would have lived in my hometown, I probably would have gotten in a lot more trouble. I was just in places where I could have gotten in trouble. I skateboarded a lot, just getting into the wrong stuff. I could've just hung out with the wrong friends.
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